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Steve Jobs ranked No. 56 richest in America

updated 11:15 am EDT, Fri September 21, 2007

Jobs #56 richest in US

Apple CEO Steve Jobs is the 56th richest man in the United States, a new magazine ranking claims. Prominent business publication Forbes has released a new edition of its "Forbes 400" list, charting the status of 400 billionaires; reflecting a growing wealth disparity in the country, the minimum worth needed to enter the list rose $300 million from last year to reach $1.3 billion. Jobs has himself risen substantially in the rankings since last year, when he was only No. 132.

The executive's net worth is still valued at approximately $5.7 billion, virtually unchanged, but this may be partly attributable to several deaths in the intervening time, including notorious real-estate dealer Leona Helmsley and Wal-Mart's Helen Walton.

Jobs is described by Forbes as the "coolest tech superstar ever," having been labelled an "igod" at the time of the iPhone's debut, but the magazine remains critical in other areas. Apple TV is described as an "iFlop" in the wake of NBC Universal's withdrawl from iTunes, and the $200 iPhone price cut is said to have alienated early iPhone adopters.

by MacNN Staff




  1. chulitomio

    Joined: Dec 1969



    The number one thing both on the importance list and on the never talked about list gets mentioned...

    "reflecting a growing wealth disparity in the country"

    The music industry, the hollywood elite... they all complain about how millions just isn't enough for them, yet we worship them, treat them like being able to act like someone else or sing is so much more than teaching children or cures for diseases... then they flaunt it in our faces (think MTV Cribs, etc.) and we give them more and more, people acting blessed if they deign to scribble their name on a picture. Poor poor Liz Hurley and others, so 'tired' of the proletariat that makes them rich beyond reason...

  1. ravedog

    Joined: Dec 1969



    move to a socialist country if u don't like things.

  1. Tanker10a

    Joined: Dec 1969



    Well Chulitomio, all you have to do is to invent something, patent the heck out of it, get some VC's backing and market the heck out it and you will probably make the list. Btw-The minimum requirement for the LIST is in the order of $1.3B. Just a thought!

  1. chulitomio

    Joined: Dec 1969


    re: move

    Democracy is based on the ability to open your mouth when you see things that are wrong. Some people just think it gives them the right to open up their mouths.

  1. rtbarry

    Joined: Dec 1969


    Life's not fair...

    But;s it more fair here than anywhere else I know. If you know a better place, I'm sure they'd welcome us all. Or not.

    Some people just think it gives them the right to open up their mouths.

    Which is also protected.

  1. MuppetFloss

    Joined: Dec 1969


    Failed states

    Ya, chulitomio - we live in the richest country in the world. No one admires us because our literacy, health care, and infant mortality are poorer than Cuba, or because we have the worst child poverty rate in the developed world. They admire us because we have lots of mega-rich people. Sure, if you aren't rich, you may end up living in a cardboard box, but if you *are* rich, guess what? No taxes!

    Since you aren't in the top 1%, you might check the UN Human Development Index to find somewhere better suited to you. You could move to a more egalitarian, mildly socialistic country like Norway or Canada - or Iceland, Australia, Ireland, Sweden or Japan. No one is *forcing* you to live in a failed state. Love it or leave it.

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